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Strategic Storage Partners gets contract to manage Strategic Petroleum Reserve, DOE says

ReutersApr 3, 2025 9:43 PM

- Strategic Storage Partners has been awarded a $1.4 billion contract to manage and operate the Strategic Petroleum Reserve, the world's largest crude oil stockpile, the U.S. Department of Energy said on Thursday.

The company will assume its responsibilities over the SPR on June 15, the DOE statement added.

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